Market watch $GBPUSD 2/06/2017

Every week a new trading opportunity! When you see a setup and you need support we are here! Never miss a good trade.

On our market watch, today is GBPUSD. Uncertainty around Brexit and a possible bounce or deeper correction are giving us a chance for a two-way trade, long and short. Short here must be triggered only on the daily break below 1.2420, and a long trade only on a daily close above 1.2550.

Go short on an intraday H4  timeframe close below 1.2420 with SL above 1.2500. Go long on an intraday H4 timeframe close above 1.2550 with SL below 1.2500.

Happy trading! (click on the chart to enlarge it)

 

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